House Joint Resolution 36 (2009), the “Fair Tax” bill, called for replacing personal and corporate income taxes with a broad, revenue neutral 5.11-percent sales tax. The legislation also called for a tax rebate to be disbursed on the first day of each month to qualified families in the state. In our view, Missouri’s economy would grow faster if HJR 36 were enacted. However, through a combination of misinformation, miscalculation, and the promotion of myths, HJR 36 was unfairly maligned.

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